Timor Watch Company Limited
12193883
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Benjamin Adam Briggs
British · United Kingdom · Age 37
4, Lansdowne Terrace, Newcastle Upon Tyne, NE3 1HN
Notified 06/09/2019
CompanyRankvs 1494+ SIC 47770 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£112k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£101k
Working capital
Current Assets
£135k
Current Liabilities
£35k
Fixed Assets
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.92 | +£9k |
| 2023 | 2.56 | +£7k |
| 2022 | 5.89 | +£56k |
| 2021 | 3.78 | +£46k |
| 2020 | 1.67 | — |
Derived from filed accounts. Not audited figures.